Foreign News: End

While U. S. businessmen talked at Paris of a "new epoch" (see p. 44) in Berlin best business minds bent over the farewell report of Seymour Parker Gilbert who recently ceased to be Agent General of Reparations when the duties of that office partly lapsed and were partly merged into the Bank for International Settlements (TIME, May 26). Mr. Gilbert courteously waited until $345,000,000 of Young Plan bonds secured by Germany's promise to pay were successfully floated. Then he released a 350-page report in which more than 100 pages are devoted to flaying...

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